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View Full Version : Topic: THE HIGH COST OF COMICS: COMIC PROS RESPOND


Gservo
2nd January 2003, 08:51 PM
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After learning about the increase in April for 13 Marvel Comics, many speculated why this increase was necessary and wondered why comics couldn't cost less. THE PULSE decided to ask those people making comics those questions and below are their responses to two such queries:
1. Thirteen "poor" selling Marvel Comics are going to increase in price from US$2.25 to US$2.99. What do you think of the rate increase? Will it save the titles or push them into the grave sooner?

2. Why can't comics be prices in the US$1.00 to US$1.75 range again? What is going to happen to the industry if these rates keep increasing?

We polled people from all walks of comics life from independents to mainstream to editors and publishers. Some refused to comment, or go "on the record," with any thoughts on this issue. However, collected below, are the opinions of those creators who would and could comment to THE PULSE.

THE PULSE: Thirteen "poor" selling Marvel Comics are going to increase in price from US$2.25 to US$2.99. What do you think of this rate increase? Will it save the titles or push them into the grave sooner?

SEAN McKEEVER: [Marvel Double Shots and Looking At The Front Door.] I think it's a smart move. Marvel staples like THOR and IRON MAN may wind up taking the biggest sales hits, but in the end they'll be more profitable for both Marvel and retailers, and the fans of these books will still get to read 'em.

PETER DAVID: [Captain Marvel, Supergirl, and Young Justice] The reason given was that it was either that or cancel these series. That effectively means that the generally understood cut-off line for cancellation has been moved from around 25,000 copies to 45,000 copies. Marvel has created a new bar for itself in terms of what's profitable.

I think fans will feel the price increase sucks. But the sucking sound you hear will, most likely, be sales being pulled from DC, Image, etc., as retailers on a budget have to make tough choices and opt for keeping their orders level on the higher-selling--and impossible to reorder--Marvel while cutting even closer to the margin on those titles which are not huge sellers. At least, that's my guess.

Me, I've done my bit for trying to keep prices down. Wound up costing me, most likely, at least one friendship, and my place at Marvel for the duration of the current administration. So I'm done breastbeating about it.

MARK ALESSI: [CrossGeneration Comics] Marvel's price increases are Marvel's business

TONY ISABELLA: [Tony's Online Tips] I think $3 comic books are going to be the norm before much longer. It's the only way these corporate comics can survive with the low numbers they have been selling.

These titles already have at least one foot in the grave. I think they're being kept alive to see what effect the new price has on their sales. If the sales don't drop too much, the other titles will doubtless have their prices raised as well.

JAMAL IGLE: [Venture] Well, considering that the only title on the list that I even read regularly is X-Statix is probably indicative of the entire situation. I personally don't think Marvel should raise their prices simply as a measure to try to save them. Have they considered that it may just drive a way a portion of their readership as a result? The problem I see is that Marvel seems to be against increased promotion for the books that aren't selling. Instead of concentrating on books with an X or creating Four different Daredevil Miniseries because of the movie, they could have Marvel's, PR department promote the books if they were really concerned about saving these books. I can't complaining about what they're charging for their books because my book is the same price.

I don't think that it is entirely Marvel's fault that the books don't sell well, I mean, MARVILLE? It's unreadable. I stopped reading IRON MAN for the same reason, it just doesn't appeal to me anymore as a fan. Maybe it's just a case that these books don't have the mass appeal that's need for them to survive. It happens, I've certainly been on enough canceled books to know sometimes things just don't click.

MIKE AVON OEMING: [Powers, Bulletproof Monk, Hammer of the Gods] Honestly, I don't know. Maybe marvel is trying to cover lost revenue on these titles before the cancel them. I have no idea.

BRIAN AUGUSTYN: [Out There, Hell, Warlands] It's a pretty standard maneuver, and not just at Marvel. It actually might save some of the titles for a while--and that's better than simply canceling the books. If the followers of a particular title want to support the book they can step up for their favorites; they can directly aid their own cause. If you love a comic, a relatively small price increase may not matter that much. I would be willing to pay more to keep a favorite book afloat.

VAL STAPLES: [He-Man] I think that more titles will eventually fall by the wayside. But, not because of price, but because of a weaning interest in certain titles. As someone pointed out to me once, when a lot of people purchase a comic, they just pick it up. Price does not always play a factor in whether or not a reader/collector wishes to purchase a book. But it does to someone with limited income, say for instance, a child.

MARK WAID: [Fantastic Four] In a perfect world, it shouldn't matter--I think that most fans who love a book will pay for it whether it's $2.25 or $2.99. But in reality, I think it'll probably drive sales down--retailers have only so much money to spend to order books, and a 35% price hike is pretty substantial.

TED MCKEEVER: [Wonder Woman: Blue Amazon] I think it's absurd. The mark-up on products like CD's, DVDs, comics, hardcover books, etc. is obscene. The cost it takes to produce them, based on the sales they convey are totally unbalanced. Comics being the most outrageous because they contain ads. Ads that pay for themselves. Unless, of course, if the ads are in-house, self-serving, pap, then they do nothing more than echo what's in the book already, more times than not, to the degree of selling yet another look-alike title. The argument that "times have changed" is a load of crap. Yes ,times are more expensive, but everything is relative. People and company get paid more now than ever. The old saying "give the people what they need, not what they want" holds true in the comics industry more now than ever before. Where's the comic you read, folded, shoved in your back pocket and read again until the spine fell apart? Today everything HAS to be bagged, sealed, humidified, and then knighted a "collectors item". But the cost of producing a book by eliminating the way-too-overused effects, bells, and whistles has infected most books today. More black and white books, more use of good old fashioned "color" and not some CGI flavored technique to the gag level. More ads for anything other than another self-serving comic title. In Europe they produce the same books for less, and reach just as wide, and in some cases, wider, audience. Why? Because they serve the public READER first, not the public COLLECTOR. What is going to happen s these 13 titles will pay the price of an early cancellation, for the better-selling titles mistakes and excesses. Like the one child who garnishes good grades, and false praise, while the other dumber child, who does all the work, and is all but ignored, both lose., and so do we.

AL NICKERSON: [Sabrina the Teenage Witch, The Arggh Chronicles] It’s a shame that big comic book publishers have to charge so much for their comics. Marvel Comics has the money and clout to control costs. Who needs fancy-schmancy glossy paper stock anyway?

It’s bad enough that comic book sales continue to fall. We don’t need to make it harder for us by making comics so expensive. Readers are going to think twice before picking up a book that costs close to three bucks. If publishers were able to increase sales of their comics, they wouldn’t need to charge so much for each book. What makes a comic book sell well is getting the best artists and writers to work on a book. Enough with the gimmicks already! Who cares about gay cowboys!?!

On that note, I don’t mind paying a little extra for a self-published comic because that’s the only way those creators can survive and keep their comic on the shelves. Also, it would be good for the comics industry to create a wider distribution service. Let’s get more comics where the non-comic book reading public can notice them.

TONY PANACCIO: [CrossGeneration Comics] We're in a recession, and paper availability and costs are rising. We started out pricing our monthly books at $2.95 because we wanted to shoot for high production values and be able to hold the line on those production values without price increases for a long time. That was a luxury afforded us because we were new on the scene three years ago. Other long-time publishers don't have that luxury, and their prices have been climbing steadily for years. As far as whether this will push the titles into cancellation, it's not my place to day. I believe that price point is more relevant with regard to trying to get new readers into comics (like our $7.95 Compendia pricing), and less relevant with regard to chasing fans away from books they currently buy. The one element that is more relevant in that regard is quality. Bad story and poor art is more likely to chase readers away than a few more cents increase in price on existing titles.

PAUL D. STORRIE: [Gotham Girls and Candy Matson] I expect that there will be some drop off in readership based on the price. Some readers will leave because they were only hanging on out of habit and the increase gives them an excuse to leave, some because there are still readers out there who think that comics should be much cheaper than they are (the "I remember when" crowd) and get outraged by price increases, for whatever reason. Whether the gain in revenue from the price increase will balance that is a question better left to those who count beans better than I. My gut says no.

On the plus side, any new readers after this will be introduced to the title at the increased price and likely won't bat an eye at $3.00 an issue. After all, there are plenty of books out there at that price point already.

BEAU SMITH: What Marvel is trying to do is "save" these books for the readers that they do have. By increasing the price they can still publish them at a lower loss or maybe if they're lucky, break even. If they don't raise the prices the books will be axed. Granted, the books in question should be axed if one were to really look at the sales figures and the hopes of them getting better. In that case, raising the price does simply extend the death of the book. Of course there could be other motives behind the price hike , but I like dwell on the "grassy Knoll" end of comics much.

Printing costs for comic books have gone through the roof in the last 10 years. That also has to be added to the problem. Even printing books on cheaper paper and such is costly than most folks really know.

MIKE ALLRED: [X-Statix] I attribute the slow but steady decline in overall comics sales to the ever increasing prices (since the overall quality has increased while sales decrease). It's simply too hard to justify buying them at some point. In the case of the 13 titles--$2.99 is the average cover price, so I don't think it's crushingly drastic and should give the titles a temporary reprieve. I few readers may drop off though--so it's a wash. I wish there was a way to kick back the prices. maybe a radical heavily advertised price cut would increase sales to the point of profit. Too big a gamble I think. When self-publishing we made many decisions based on production costs that made cover prices higher than we would have liked. It's a question of survival.

One last idea: In addition to FREE COMIC BOOK DAY, maybe every title should offer a dollar cover price with each new story line, or for the first 20,000 sold.

Gservo
2nd January 2003, 08:51 PM
BUDDY SCALERA: [Agent X, Visual Reference for Comic Artists] It depends on the reading audience. If it's a young audience, the price increase may be too much for them to bear. If the books are targeted at older readers, an increase within that dollar range probably won't make much of a difference.

If someone is buying ALL of those titles, that person is facing a $9.75 a month increase in expenditures. I'd imagine that's a lot of money, even for an adult. But if the cover price is higher, you can keep the book alive with less readers.

THE PULSE: Why can't comics be prices in the US$1.00 to US$1.75 range again? What is going to happen to the industry if these rates keep increasing?

SEAN MCKEEVER: Dollar comics mean less profit. Historically, dollar comics do not bring increased sales, even in the case of a critical darling like UNTOLD TALES OF SPIDER-MAN. Therefore, it doesn't make sense for a retailer to stock a dollar comic in a space where a more expensive book could be making that retailer more money.

That said, I hope three bucks is the ceiling for monthly, 32-page serials. Obviously there comes a point where price does become a deciding factor in readers' buying choices.

PETER DAVID: Fans have proven that if they really really really want something, it can be priced at $7.95 and they'll still buy it. By the same token, if they really really really don't want something, it can be ten cents and it'll just sit there.

It is simply not feasible to scale prices back to $1/$1.75. It's unaffordable. Stores will go out of business. Just think: If you take a book that's $2.25 and you price it at $1, the retailer has to sell more than twice as many copies just to stay current with where he is. It's not going to happen. There's not that many readers out there. There's not that many people reading *anything* out there. The time when books were priced at $1 to $1.75, there were more customers. Not only is there no guarantee that the audience base would skyrocket to reflect a price rollback, but it's staggeringly unlikely that it would. Which means that publishers would be taking a massive gamble that will, more than likely, fail.

Cut prices by more than half and you end the comic industry.

MARK ALESSI: I have always said that we need to find a way to provide more reasonable pricing for comics which is what we have tried to do with the " Pocket Size Compendia " which fans are writing us that they were originally worried about the size reduction effecting quality, but now that they have seen them they are amazed at the quality of reproduction. I mean 8 comics for 8 bucks, hard to beat !!! Comics on the Web are also a great price reductioin option ! Even if you still want the hard copy on certain titles, it cost $2 dollars a month for unlimited access to over 180 titles and growing monthly , some with voice over and many in multiple languages. Two dollars for 180 comics seems like a legitimate bargain and since they have cellular support you can read them anywhere you can pick up a cellular connection. You will never get lost in our continuity with every title ever published available !!! Currently, we are releasing Brath, Crossovers and Lady Death " A Medieval Tale "plus two new mini-series one, " The Mark of Charon " and two, the long awaited return of Brandon Pterson in " Chimara " as well as George Perez's return to a monthly title in " Solus " . Some top flight stuff from some very talented creators . I hope fans will give them a look!

PAM BLISS: [Paradise Valley Comics, Sequential Tart] Well, I'm kind of dubious about the future of the monthly serialized comic in general. I know that most of my own reading today is either minis or TPBs, which is the format I prefer for my collection. Since I plan to buy the trades anyway, it's become prohibitively expensive for me to buy the monthly books, and with a very few exceptions I've stopped doing so. I'm not the only person I know who has done this, or who is heading in that direction. This trend combined with the growing presence of bound volume comics in general bookstores doesn't bode well for the monthly books (or the less-well run LCSs, which is another question.)

I remember cheap comics from my youth, and it seems to me that you can't have both a low cover price and the slick paper, full bleed computer generated color and other expensive printing techniques featured in the modern pamphlets. Would readers be willing to accept cheap newsprint paper and simple four color printing in exchange for a lower cover price, or have they been "spoiled" by the slick production values of current comics?

I've always like the rough and ready look of older comics, and find a lot of the highly polished mainstream books to be cold and heartless looking, so I'd probably be inclined to try a cheaper book if I found the story appealing. I have a feeling I might be in the minority there, though.

TONY ISABELLA: Because they don't sell well enough to be profitable at that price.

If the prices keep increasing ... Nothing that isn't already happening. For the corporate comics companies, these comics are R&D for Hollywood. The movie people have found a cheap source for new ideas. Heck, the movie people must be pissing themselves in glee that they don't even have to foot the R&D bills for the properties they're acquiring.

JAMAL IGLE: As to what will happen to the industry if the prices keep increasing I think the industry will have to change how it operates. Unfortunately the only way to reduce the prices back to a USD$1.00 -USD 1.75 is the change the format of comics. Instead of single 22 page comics we may have to switch to a monthly 200 page magazine format with enough advertising to subsidize the cost of the books. Increase the content and try to keep the pricing down.

JOEY MANLEY: [Moderntales.com, adventurestrips.com, serializer.net] I don't think price is the issue anymore for the traditional comic book publishers or their traditional audience (as much as the audience may carp) -- or, at least, I don't think $0.74 in either direction is much of an issue. The Direct Market, by the standards of the entertainment world, is a tiny clatch of devotees very consciously keeping the flame of "traditional comic books" alive: if Reader A has been following Captain Marvel since Starlin's run, he's not likely to be turned off by a small price increase (he may, in fact, secretly or openly be happy to pay the extra price, knowing that this will keep his favorite character alive for another few issues).

The larger question facing publishers of traditional comic books is how to break out of the bounds of a small clutch of devotees and get mainstream readers buying their product on a regular basis. Clearly there's interest in the concepts, characters, and stories they're telling (at least, when those concepts, characters and stories appear in any medium other than periodical comic books). Price increases will not help traditional comic book publishers achieve this goal -- to say the least. The last time I bought a traditional comic book, it was at Border's, and, yes, the clerk still felt it was necessary to mention that he remembered when comics were a dime. The mainstream public thinks comics are overpriced already (if it ever happens to notice the price of comics, that is).

What's the solution? The web, of course, is the solution I've been trying. Thanks to the economies involved in avoiding print and physical distribution, we at Modern Tales have been able to offer the story-equivalent of 30 printed comics to our readers for a $2.95/month subscription. That's the kind of economy that the mainstream needs (and, in fact, most of our subscribers are not regular readers of direct-market comics).

I'd love to see Marvel and DC and the others start similar subscription-based websites (CrossGen has already done so). My experience has been that paid web publications (as opposed to free web publications) do not hurt the sales of printed comics -- they might even help. On the web, you can reach people who would never, ever walk into a comic book store. The devotee who still needs his print product to bag, box, sniff, and sit on the toilet while reading, can buy the thing later, when it appears in the comic shop, and the price tag can literally be whatever the publishers want it to be, since we're talking about a small fetish market at this point -- the mainstream will be reading comics on the web, the devotee will have his collectible object (which will become collectible once again, thanks to its rarity) and everyone will be happy.

Note that, above, when I say "traditional comic book publishers," I mean what people usually mean when they say "mainstream comics," and by "mainstream," I mean what people usually mean when they say, "the rest of the world outside of the usual comics types."

MIKE AVON OEMING: Unless those books are selling well over the 100,000 mark, it just cant happen. Comics cost a lot to produce, but the printing and distribution really keep the prices up. If we had more readers, the cost would go way down. The less readers, the more cost, its a printing thing. Its not simply inflation or greed, but quantity and cost. If I had a black and white book selling 30,000 issues, I could put it out at a dollar, but there just aren't enough readers.

BRIAN AUGUSTYN: I think the reason comics aren't cheaper is that production prices (paper, printing, color separations, talent, et al) go up, while the number of consumers stays even at best, or diminishes dramatically at worst. The actual cost to produce a comic may be relatively low, but the profit gets sliced pretty thin to share with all the parties involved.

If we want cheaper comics (and we do), we need to significantly increase readership and awareness (simple); and this burden is on creators, publishers, shop owners, distributors and fans. Proselytize comics, bring new people into the fold, share the wonders of our artform! (okay...I'm calming down now...)

VAL STAPLES: Lack of sales, that's the reason. It's a sticky situation. In order to lower prices to that level, the sales have to be strong. But, in order for the sales to be there, the market has to boom. Someone has to take the plunge and be willing to put a quality product, for a low price, available to a mass market, for an extended amount of time. And I'm not talking for one month we have a 10 cent issue. I'm talking 12 issues at a dollar. It's a gamble that could make or break a company.

MARK WAID: Because publishers want to STAY IN BUSINESS. Printing costs are EXPENSIVE. Paper is EXPENSIVE. Having been involved in every single aspect of the comics industry over the course of my career, including having been a publisher, I'm here to tell you unequivocally that no one's making an undue and unfair profit on your garden-variety monthly comic book. Well, except maybe for the writers who think it's okay to charge you three bucks for a comic you can read while you're peeing. : )

As for what will happen to the industry if the prices keep increasing ... with any luck, we'll finally abandon the astoundingly outdated 32-page format.

TED MCKEEVER: They can. They've show us before that certain one-shots were low in cost to produce, and sold for a lower cover price. What seems to be lost amongst grossly high movie, sports and theater ticket prices, is the thought that higher priced items will bring in higher revenues with less sales, when the truth is lower cover charges will make for higher sales, equaling the end profit. Like films, there are books, like trades and 64 pages books like Wonder Woman: The Blue Amazon that I'm currently working on, that are ad-free, and the buyer is paying for nothing-but-story. But like most comics, and television, ads pay for "free" product. So once again, if they supplement the income by using more ads, lowering the cover price, the buyer, full aware of that, will buy more and pay less for each individual comic.

TONY PANACCIO: When comics were priced at $1 and $1.75, there was still an active newsstand distribution system accounting for a great deal of sales, boosting print runs to the hundreds of thousands of copies each month for even medium selling titles. At those levels, per-unit-costs are miniscule enough to keep prices down. The death of newsstand sales for comics, hastened by rising fixed costs and the lack of price performance against other newsstand products (like magazines and digests), reduced print runs to less than 25 percent of the level during the $1 days. That raises fixed costs and per-unit costs exponentially, and makes it impossible to price a monthly comic that low in these times. We've said it before. Rising fixed costs, plus a dwindling distribution base, as well as a dwindling audience as a result of that lack of distribution, has produced the current state of affairs. What is going to happen to the industry as these conditions persist? We think the industry is going to follow more of our lead -- seek out new marketplaces, address the issue of bringing in new readers from other enthusiast and mainstream customer bases, and become more creative in the way comics and content are distributed and marketed. The old formulas do not work anymore. We're not sure they ever truly worked to begin with. In the coming months, we'll be trying to top what we did in 2002 by translating our comics into newer formats, mediums and packages.

PAUL D. STORRIE: Prices can't be $1.00 to $1.75 for a couple reasons. One is that the number of comics being purchased has dropped precipitously. Again, I'm not much of a number cruncher, but if you're selling 500,000 copies as opposed to 25,000 copies, you're making a heck of a lot more in profit. The volume allows you to make less on each individual issue and still make more money.

Tied in with that is advertising. When you're selling 500,000 copies of a title (or, preferably, several titles in a line of books), then it's easier to convince advertisers that it's worthwhile spending their dollars to put ads in your comics. Couple that with the fact that a lot of readers today don't WANT ads in their comics and you end up with an environment where there's no immediate secondary revenue stream to bolster the sales numbers. Sure, there might be licensing and merchandise down the line, but that's not the same thing.

As to what's going to happen if the rates keep increasing, I think it depends on the rate of increase and the overall rate of national inflation. If prices seem to go up in relation to the current economy, people tend not to notice it that much. If they jump several times over the course of a few months (or even a couple years), then you encounter a lot more reader resistance.

In the end, though, people will pay for what they want. If a reader really, really, really wants a copy of COMIC-X, he or she is going to plunk down the cash. In a way, a price increase is a challenge to those who make the comics -- when the price is high, you'd better work hard at making each individual issue the best value that you can. "More bang for the buck" becomes less a guiding principle and more of an essential goal.

BEAU SMITH: [Wynonna Earp, Cossack, 200 People to Kill, Maximum Jack] Getting prices down to the under $2.00 range is not something that can really happen across the board. The printing costs are too much and factor in creative costs....along with a shrinking consumer base...and our comic book consumer base IS shrinking...well, it just adds up. That's not to say that a publisher can't do "loss leaders" and put out some books now and then that are any where from 10 cents to $1.00. That can happen as we've seen in the last year. Even 15 years or so ago, Eclipse Comics did it with the weekly 50 cent Airboy books. I just don't think it can happen across the board.

BUDDY SCALERA: Once you look at the numbers, you realize that there aren't enough people buying comics. Publishers have to increase their prices to remain profitable and stay in business. Printing costs have skyrocketed, so unit costs have increased.

If fans want to save a book, they need to get actively involved in recruiting new readers. I got hooked on comics in college because a friend shared his comics with me. If that person hadn't shared his comics, I wouldn't have known those stories existed. Of course, comics were a lot cheaper back then, so it was easy for me to jump onboard and start reading.

If the rates keep increasing, the industry will evolve into something else. Comics may move online to save on printing and distribution costs. Comics will always exist, they will just adapt to what people will pay for. Price increases will not kill comics, but it will force the industry to explore new ideas for distribution.

MARV WOLFMAN: As long as comics are sold primarily in comic book shops we will have a decreasing number of readers. If we lowered the price to $1.00-$1.75 we might get a better sampling, but we won't be increasing reader base as only X number of people go into comic book shops in the first place. The lower price would only help to get new people into buying comics if they were sold in a place where non comic book buyers go to on a regular basis.